Monday 21 December 2009

Dubai World - Off To A Running Start

Unclear which direction though at least per this article.
Ahead of the meeting, expectations fell for a quick resolution due to a Dubai email advising banks not to expect much from the event, and Dubai World moved to characterise the meeting as an "expectation management exercise".
"We got less out of it than we hoped for," said a representative of a European bank.
Perhaps from the unnamed European banker's comment above the expectation management exercise may have been successful after all.

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